{"id":3485,"date":"2020-07-29T00:00:00","date_gmt":"2020-07-29T00:00:00","guid":{"rendered":"https:\/\/staging.azafinance.com\/2020\/07\/29\/webinar-united-states-of-naira-what-price-for-unification\/"},"modified":"2020-07-29T00:00:00","modified_gmt":"2020-07-29T00:00:00","slug":"webinar-united-states-of-naira-what-price-for-unification","status":"publish","type":"post","link":"https:\/\/azafinance.com\/webinar-united-states-of-naira-what-price-for-unification\/","title":{"rendered":"[Webinar] United States of Naira: What Price For Unification?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n<p>Nigeria\u2019s central bank has begun the journey from multiple official and unofficial exchange rates to a single unified value. It\u2019s a radical departure that the IMF and investors have long advocated. <\/p>\n\n\n\n<p>But how much difference will a unified rate make to foreign investment, international trade and borrowing costs? And how much further does the official rate need to fall to match the unofficial level? <\/p>\n\n\n\n<p>Watch our webinar below for a captivating conversation with our panel of experts: <br>His Highness Muhammad Sanusi II, 14th Emir of Kano &#038; former Governor of the Nigerian Central Bank <br>Temitope Popoola, CEO, Renaissance Capital <br>Nkemdilim Nwadialor, Equity Research Analyst, Tellimer <br>Oghenefejiro Eduviere, FX Trader, AZA<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"[Webinar] Unites States of Naira: What Price for Unification?\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/e9bxsn-uvSI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption>Webinar Recording<\/figcaption><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\">Notes:<\/h4>\n\n\n\n<p>What does the CBN&#8217;s unification policy entail currently? [03:45]<br>What is going on with unification from a market side? [06:27]<br>Why isn&#8217;t the Central Bank giving more clarity about the unification policy? [11:38]<br>What have we seen so far and how is it being perceived by the market? [17:44]<br>Is the CBN heading in the right direction? [20:21]<br>What is the upside of unification? [34:28]<br>Is this the right time to be having the conversation regarding unification considering we are in the middle of a pandemic? [39:40]<br>What will happen next in terms of the market rates? [42:48]<br>Will unification be the catalyst that can spur domestic production? What should the CBN be doing right now? [47:18]<br>Is there a chance that the Naira will regain lost value to 360 per dollar in the future? [51:39]<\/p>\n\n\n\n<p>For more market news about the Naira and other African currencies, <a href=\"https:\/\/azafinance.typeform.com\/to\/qZ1wvN\" target=\"_blank\" rel=\"noopener\">sign up<\/a> for our weekly newsletter!<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Nigeria\u2019s central bank has begun the journey from multiple official and unofficial exchange rates to a single unified value. It\u2019s a radical departure that the IMF and investors have long advocated. But how much difference will a unified rate make to foreign investment, international trade and borrowing costs? And how much further does the official [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":3486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[206,274,275,210,34,217,218,276,199,277],"class_list":["post-3485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-event-recaps","tag-african-currencies-naira","tag-cbn","tag-central-bank-of-nigeria","tag-covid-19-naira-rate","tag-naira","tag-naira-after-lockdown","tag-naira-rate-covid-19","tag-naira-unification","tag-nigeria","tag-rate-unification"],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/3485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/comments?post=3485"}],"version-history":[{"count":0,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/3485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media\/3486"}],"wp:attachment":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media?parent=3485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/categories?post=3485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/tags?post=3485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}